1002 MADRID STREET, SAN JUAN, Residential Income

This property is a multi unit property in the heart of the Santa Rita neighborhood of San Juan, Puerto Rico. The property has 3 buildings with a coutyard in the middle and has been completely remodeled with a total of 10 bedrooms and 6 1/2 bathrooms. The areas of the property are as follows:
– Living Unit 1: A 4 bedroom 2 bathroom apartment,
– Living Unit 2: A 4 bedroom 2 bathroom apartment,
– Living Unit 3: Studio apartment,
– Living Unit 4: Studio apartment,
– Laundry: Common laundry room with a 1/2 bathroom that could easily be converted to a 5th unit,
– Rooftop terrace: A 1200 square foot rooftop terrace on the top of the main building,
– Courtyard: A 500 square foot courtyard in the middle of the three buildings,
– Parking area 1: A parking area on the North side of the main building with room to park up to 3 vechiles nose to tail,
– Parking area 2: A parking Area on the South side of the main building with room to park up to 3 vehicles nose to tail.

The property is close to businesses, attractions, University of Puerto Rico and the Botanical Garden and is a great investment opportunity to own an excellent income producing property.